DIRECTORATE-GENERAL FOR AGRICULTURE AND RURAL DEVELOPMENT
Directorate D. Direct support, management of market measures, promotion
D.2. Management of market measures
Brussels, 19.04.2011
DG Agri.D.2 D(2011)
MOLASSES
CALCULATION UPDATE – REPRESENTATIVE PRICES
Based on imports made during the month of March 2011
Products / Statistical Value EUR / Net WeightKg / Price
EUR/100 kg
Cane molasses /
9 500 365 /
75 954 791 /
12,51
Beet molasses /
2 495 636 /
17 779 317 /
14,04
LEGAL BASE
Commission Regulation (EC) No 951/2006 of 30 June 2006 laying down detailed rules for the implementation of Council Regulation (EC) No 318/2006 as regards trade with third countries in the sugar sector[1];
MAIN ELEMENTS OF THE CALCULATION
1. Prices to be used in the calculation. This is done on the basis of the "most favourable purchasing opportunities in the world market" (Article 28). This means that only the most competitive prices of the main suppliers have to be taken into account. To this end, a threshold of 500 tonnes has been established.
2. Calculation of the average price. After making the pre-selection of the significant import operations ("most favourable purchasing opportunities on the world market"), the average price is calculated, in conformity with Article 33.
3. Working calendar. Fixations are done at the beginning of the marketing year (on 1.10.2009 for the marketing year 2009/10) through ManCom procedure. These prices an be amended without ManCom procedure on the routine monthly control, during the second half of each month, if there is a difference with the representative prices previously fixed of at least 0,5 EUR/100 kg (Article 28).
4. Trigger prices. When the representative prices falls below a trigger level, a duty may be imposed. The trigger price is 7,9 EUR/100 kg for cane molasses and 8,2 EUR/100 kg for beet molasses (Article 35).
2
[1] OJ L 178, 1.7.2006, p. 24. Regulation as last amended by Regulation (EC) No 514/2008 (JO L 150 du 10.6.2008, p. 7).